SRV GROUP PLC STOCK EXCHANGE RELEASE 19 FEBRUARY 2021 11.35 EET
SRV Group Plc will pay interest and deferred interest on its 2016 hybrid notes on 22 March 2021
SRV Group Plc (“SRV“) announces that it will pay interest and deferred interest on its EUR 45,000,000 subordinated fixed-rate 8.750 per cent hybrid notes issued on 22 March 2016 (ISIN code FI4000198114) (of which EUR 11.8 million is outstanding) (the “2016 Hybrid Notes“) in accordance with the terms and conditions of the 2016 Hybrid Notes on 22 March 2021. The aggregate amount of the interest to be paid on 22 March 2021 is EUR 2,774,126.90 of which the deferred interest payment amounts to EUR 1,172,630.90. SRV decided to defer the interest payment on the 2016 Hybrid Notes on 6 March 2020, and interest was not paid on the previous interest payment date on 22 March 2020.
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SRV in brief
SRV is a developer and innovator in the construction industry. Our objective is a new lifecycle-wise reality where solutions related to construction ensure well-being, financial value and the benefit of users, residents and environment – for years and generations to come. Our genuine cooperation and enthusiasm for our work comes across in every encounter. Sustainability is reflected in all our activities.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in Finland and Russia. In 2020, our revenue totalled EUR 975.5 million. In addition to about 1,000 SRV employees, we employ a network of around 4,200 subcontractors.
SRV – Building for life